Banking
Bahrain's Bank ABC Joins R3 Distributed Ledger Consortium
Bahrain-based Arab Banking Corporation, also known as Bank ABC, has revealed it is joining the R3 distributed ledger consortium.

Bank of America Has Filed for Over 20 Blockchain Patents Already
Bank of America is emerging as one of the most active banks when it comes to filing patents over claimed innovations in blockchain and cryptocurrency.

Thailand's KBank to Start Digitizing Contracts With Blockchain by 2018
One of Thailand's largest commercial banks is looking to digitize some of its financial contracts through a new blockchain solution.

11 Banks Develop DLT Trade Finance App Using R3's Corda Software
A group of eleven banks have developed a trade finance application using technology developed by distributed ledger startup R3.

HP Enterprise Gains on IBM with 'Mission Critical' Move Into Blockchain
CoinDesk profiles work ongoing at Hewlett Packard Enterprise to move the former computing powerhouse into the blockchain technology sector.

PSD2 and Blockchain: Mutual Support
New rules in Europe aim to change the payments landscape – in the process, they could also boost blockchain development.

MultiChain 1.0: Bitcoin-Compatible Private Blockchain Opens for Enterprise
Coin Sciences has announced the production-ready version of its long-in-development private blockchain offering, MultiChain.

Euroclear and Paxos End Blockchain Gold Settlement Partnership
The partnership between blockchain startup Paxos and Europe's largest settlement service has ended.

Belarus Central Bank Approves Blockchain Use For Bank Guarantees
The central bank of Belarus has cleared the way for domestic banks to use blockchain as part of their processes of transmitting bank guarantees.

Utility Settlement Coin Creator to Open-Source Modular Blockchain Software
The secretive firm behind the Utility Settlement Coin project has told CoinDesk of plans to roll-out new open-source offerings.
